Bata will be reporting it is Q2 earnings tomorrow. The numbers are likely to see an improvement quarter-on-quarter, but are likely to be under pressure year-on-year.
Quarterly revenue is expected to decline 55 percent and so the company is also expected to post a loss at the operating level as well as at the net level. EBITDA loss is seen at Rs 10 crore and net loss is seen at Rs 55 crore.
The key thing to watch out for will be recovery going into festive season.
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